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Agriculture Secretary Sonny Perdue gave target dates for implementing the 2018 farm bill, with ARC/PLC signup expected September 1 and first dairy payments possibly in July. He also said the White House is developing an immigration proposal with USDA input.
Program timing and dairy payment dates have limited direct effect on feed demand or prices in the near term.
agri-pulse.comPhilip BrasherFeb 27, 2019After 93 past neutral policy events, Milk (Class III) moved a median -0.0% over 5 sessions (48% higher; middle half -0.6% to +0.6%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
